Tag: London
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BioOrbit Raises £9.8 Million Seed Funding to Advance Space-Based Drug Manufacturing
London-based BioOrbit said it has raised £9.8 million ($11.4 million) in a seed funding round to accelerate its space-based pharmaceutical manufacturing technology and expand operations into the United States. The round was co-led by LocalGlobe and BREEGA, with participation from Auxxo, Seedcamp, Type One Ventures, 7percent Ventures, and undisclosed angel investors. Founded in 2023, BioOrbit…
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Acme Space to Test Balloon-Rocket Hybrid Vehicle in 2026 Ahead of Orbital Manufacturing Plans
London-based Acme Space said it plans to begin flight testing its balloon-rocket hybrid launch vehicle in the new year, as it prepares for commercial in-orbit manufacturing missions targeted for 2027. The company said it is already working with two unnamed pharmaceutical firms to develop protein crystal growth payloads for its first operational flights. The vehicle,…